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The Federal Reserve’s conviction that inflation will subside, and an expected continuation of its accommodative monetary policy, should drive the performance of value stocks in the coming months.
Given this backdrop, we think Cardiovascular Systems, Inc. (CSII) and Itron Inc. (ITRI), which look undervalued at their current price levels, could be ideal bets now. These two stocks are well-positioned to rebound based on their strong fundamentals and solid growth attributes.
